The Tencent deal is a pretty shrewd stratagem that once again shows Elon Musk is a far better business man than he is usually given credit for. It also shows that Tesla and its technologies; battery storage, electric cars, self-driving vehicles and solar panel may have a bright future ahead.

Or the car-rental companies might find themselves facing a greater nightmare. If Uber were to collapse, a major automaker might buy it and Hertz and Avis would find themselves competing directly with Ford (NYSE: F), Toyota (NYSE: TM) or even Volkswagen.

The oil industry will survive the coming of Hyperloop and electric cars; but it will look nothing like the one we have known. Instead it will be smaller and only a few companies in it will make money. Smart investors will stay out of oil for the foreseeable future, unless they are looking for something to short.

Investors would be well advised to stay away from Toyota; until it can get over its revenue struggles. My take is that Toyota could be setting up for a major fall in share price, because it cannot retain its revenue growth; despite the company’s size.

Tesla gets another potential source of income here ;because it can sell supercharging equipment to filling station operators. That means it can expand its network without building the stations. It can turn a loss leader into a potential source of revenue.